Rupee Close:
Indian rupee closed flat at 82.32 per dollar against previous close of 82.32.
Tata Motors Q2 Global wholesales Data
Tata Motors’ Q2 Global wholesales including JLR was up 33% YoY at 3.35 lakh units and Global PV wholesales up 43% at 2.32 lakh units, YoY.
Its Q2 Jaguar wholesales were at 16,631 units and Land Rover wholesales were at 73,268 units, reported CNBC-TV18.
Market Close: Benchmark indices ended on negative note in the highly volatile session on October 10.
Citi View On Hero MotoCorp
Research firm Citi has kept buy rating on Hero MotoCorp given healthy momentum in premium motorcycles and kept a target at Rs 3,100 per share.
Vida V1 launch marks entry into the electric vehicle race. The EV launch has been delayed but good specifications are an advantage, while await customer response to a relatively higher priced product, said Citi.
The valuations are attractive at current levels, reported CNBC-TV18.
BSE Information Technology index added 0.7 percent supported by the Brightcom Group, Black Box, 63 Moons Technologies
Tata Consultancy Services (TCS) in focus ahead of September quarter numbers
Nifty PSU Bank index fell 1 percent dragged by the Bank of India, Bank of Baroda, Indian Bank
Market at 3 PMBenchmark indices were trading lower with Nifty around 17250.The Sensex was down 232.38 points or 0.40% at 57958.91, and the Nifty was down 86.50 points or 0.50% at 17228.20. About 1229 shares have advanced, 2093 shares declined, and 134 shares are unchanged.
Rupee Updates:
Indian rupee erased all the intraday losses and trading flat at 82.33 per dollar against previous close of 82.33.